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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Rental and other revenues $ 187,475 $ 179,417 $ 543,908 $ 538,647
Operating expenses:        
Rental property and other expenses 64,135 61,153 185,244 180,248
Depreciation and amortization 60,850 57,661 189,514 171,923
Impairments of real estate assets 5,318 0 5,849 0
General and administrative 11,717 9,551 33,658 30,869
Total operating expenses 142,020 128,365 414,265 383,040
Interest expense 20,527 17,437 59,622 53,705
Other income/(loss) 174 818 (3,271) 1,735
Gains on disposition of property 3,515 3 10,218 16,975
Equity in earnings of unconsolidated affiliates 940 573 2,369 1,641
Net income 29,557 35,009 79,337 122,253
Net (income) attributable to noncontrolling interests in the Operating Partnership (737) (902) (1,974) (3,171)
Net (income) attributable to noncontrolling interests in consolidated affiliates (297) (324) (919) (918)
Dividends on Preferred Stock (622) (623) (1,866) (1,869)
Net income available for common stockholders $ 27,901 $ 33,160 $ 74,578 $ 116,295
Earnings per Common Share – basic:        
Net income available for common stockholders (in dollars per share) $ 0.27 $ 0.32 $ 0.72 $ 1.12
Weighted average Common Shares outstanding - basic (in shares) 103,727 103,471 103,674 103,408
Earnings per Common Share - diluted:        
Net income available for common stockholders (in dollars per share) $ 0.27 $ 0.32 $ 0.72 $ 1.12
Weighted average Common Shares outstanding - diluted (in shares) 106,471 106,333 106,425 106,256
Highwoods Realty Limited Partnership [Member]        
Rental and other revenues $ 187,475 $ 179,417 $ 543,908 $ 538,647
Operating expenses:        
Rental property and other expenses 64,135 61,153 185,244 180,248
Depreciation and amortization 60,850 57,661 189,514 171,923
Impairments of real estate assets 5,318 0 5,849 0
General and administrative 11,717 9,551 33,658 30,869
Total operating expenses 142,020 128,365 414,265 383,040
Interest expense 20,527 17,437 59,622 53,705
Other income/(loss) 174 818 (3,271) 1,735
Gains on disposition of property 3,515 3 10,218 16,975
Equity in earnings of unconsolidated affiliates 940 573 2,369 1,641
Net income 29,557 35,009 79,337 122,253
Net (income) attributable to noncontrolling interests in consolidated affiliates (297) (324) (919) (918)
Distributions on Preferred Units (622) (623) (1,866) (1,869)
Net income available for common unitholders $ 28,638 $ 34,062 $ 76,552 $ 119,466
Earnings per Common Unit - basic:        
Net income available for common unitholders (in dollars per share) $ 0.27 $ 0.32 $ 0.72 $ 1.13
Weighted average Common Units outstanding - basic (in shares) 106,046 105,866 105,998 105,808
Earnings per Common Unit - diluted:        
Net income available for common unitholders (in dollars per share) $ 0.27 $ 0.32 $ 0.72 $ 1.13
Weighted average Common Units outstanding - diluted (in shares) 106,062 105,924 106,016 105,847